Startup

After narrowing losses and doubling cash from operations in FY25, PhysicsWallah expects to post PAT-level profitability soon,co-founder Prateek Maheshwari tells Moneycontrol in an interview, adding the company is focused on steady growth rather than aggressive expansion

Novastar Partners targets Rs 350-crore corpus, to invest in venture capital funds

Novastar, a fund of funds, is registered as a CAT II alternative investment fund and is targeting the first close over the next four to six months

PB Health acquires Amazon-backed startup Fitterfly to boost preventive care

Founded in 2016 by Dr Arbinder Singal and Shailesh Gupta, Fitterfly is known for its clinically validated programs in diabetes reversal, obesity management, and heart health

Lenskart taps Indian developers to build use cases for its upcoming smart glasses platform

The IPO-bound eyewear brand will let apps like Zomato, Swiggy and BookMyShow, along with indie developers, integrate AI and camera-led features ahead of its December 2025 launch.

People mistake us for a PoS-only company, they're missing the full picture, says Pine Labs CEO Amrish Rau

Pine Labs has four equally important verticals, with prepaid business contributing to around 30 percent of the topline, Rau tells Moneycontrol

[Deeptech Digest] No one thought India could build its own chip, until Chennai startup Mindgrove did it

The company specialises in microcontrollers and microprocessors, the tiny systems that power everything from smart locks to washing machines and biometric readers.

Paytm to infuse up to Rs 2,250 crore into payments arm PPSL via rights issue

The move will strengthen PPSL’s capital base and support the transfer of Paytm’s offline merchant payments business, as required by new RBI rules.

Micro-drama platforms chasing their Netflix moment through foray into reality shows

India’s micro-drama market is now at the same inflection point that China hit 5-6 years ago, and is set to grow to $1.1 billion in the next five years, according to a Bitkraft and Redseer report.

MobiKwik Q2 net loss widens to Rs 28.6 crore, revenue down 7%

MobiKwik said its bottom line was affected by a one-time exceptional charge of Rs 11.8 crore, booked as a provision for a fraud incident of Rs 40.4 crore involving merchants in Haryana’s Nuh and Mewat districts. The charge did not impact revenue but reduced quarterly profit.

SC dismisses Byju’s RP, Glas Trust petitions, paving way for Aakash’s planned rights issue

Supreme Court's verdict paves the way for Aakash to raise fresh capital but leaves Byju’s parent, already under insolvency, with its stake slashed from 25.75 percent to under 5 percent, further weakening its hold over the subsidiary.

No pressure to dilute equity: Pine Labs' Amrish Rau on cutting IPO size, pricing strategy

Pine Labs' CEO said the improving earnings and lower debt requirement has guided the decision to pare the IPO size and settle for a more moderate price band.

Groww anchor book sees bids worth 15X at Rs 50,000 crore; Sequoia Capital, SBI MF among investors

For FY25, the Bengaluru-based fintech reported revenue of Rs 4,056 crore and net profit of Rs 1,899 crore, with net margins of 44.85%

Bengaluru kids' Eco Vala startup wins Harsh Goenka's heart: 'Forget Shark Tank, Ideabaaz'

The children’s initiative, born out of a school project in Basaveshwaranagar, has sparked conversations about sustainability and entrepreneurship at a young age.

Fertility startup Pluro raises Rs 125 crore in Series A round led by Bessemer, valuing the firm at Rs 1,000 crore

The latest funding round valued the startup at Rs 1,000 crore and saw participation from prominent angel investors including Vikram Chatwal (MediAssist), Dharmil Sheth and Hardik Dedhia (PharmEasy), and Salil Musale (Astarc Ventures).

Sauce VC nears close of $80 million in new fund to deepen consumer play

The fundraise comes at a time when venture capital firms have been on a fundraising spree, Moneycontrol had reported earlier.

Shield your startup: The insurance every entrepreneur needs for legal crises

Legal troubles can strike any business — the right insurance helps you stay protected and focused.

25-year-old IIT-BHU alumnus launches emotive voice AI Luna; Kunal Shah, WTFund place early bets

Developed by Jaipur-based startup Pixa AI, Luna claims to enable real-time, speech-to-speech expressive voice interaction and aims to power entertainment and wellness apps.

Ixigo reports loss of Rs 3.5 crore in September quarter of FY26, revenue at Rs 282.7 crore

Aloke Bajpai, Group CEO, ixigo said that the recent fund raise provides the balance sheet required to fulfil their long term aspiration of delivering the best AI-first customer experience for travel and fuels their expansion into new categories and markets.

PB Fintech Q2 net profit jumps 164% to Rs 135 cr, revenue rises 38%

Sequentially, the firm reported a 20% growth in revenue while PAT improved by almost 59%.

Blume Ventures raises $175 million in first close of Fund V, targets $275 million by 2026

The Bengaluru-based VC firm has already begun deploying capital from the fund, with investments in Mave Health and Confido (healthtech), Lucira and Ozi (consumer), PowerUp Money (fintech), and iDO (deeptech).

[Deeptech Digest] This startup quietly secured an airbase; its encryption now guards railways, laptops and more

Bengaluru-based deeptech startup Pantherun Technologies cracked a decades-old encryption flaw using an AI-based system that requires no key exchange. From shielding airbases and railways to partnering with majors like Intel, the Qualcomm-mentored startup is rewriting how data moves and stays secure.

Nikhil Kamath's Gruhas and Collective Artists Network close Rs 100 crore maiden fund

The Gruhas Collective Consumer Fund, a partnership between Gruhas and Collective Artists Network, has so far backed seven businesses.

Private investors and IPO bankers are coordinating early on startup valuations: Sandeep Sinha, Co-founder, Oister Global

Tighter IPO scrutiny and a maturing startup ecosystem are driving private funds to coordinate early with bankers on pricing and liquidity, according to Sandeep Sinha, Co-founder at Oister Global, an alternative-asset manager.

‘Excellent hospitals, poor claims’: PB Fintech’s Alok Bansal says India’s insurance system needs urgent attention

Bansal said misaligned incentives make the insurance claims process subpar despite India’s medical excellence, as PB Fintech expands into healthcare with its new venture PB Healthcare.

Following the Smart Money: What Q3 VC funding reveals about AI dominance, India's innovation gap

Following venture capital flows is like reading a map of the future, and right now, all roads lead to artificial intelligence